United Kingdom FinTech startup Paysend is launching two new products to help customers improve their finances and get their credit scores on track, according to a Wednesday (April 6) press release emailed to PYMNTS. Credit Builder and Pay Later were developed to help Paysend’s 6.5...
A newly established fund by Overlooked Ventures to help disregarded entrepreneurs was seeded with capital from Bank of America. The undisclosed Bank of America investment aligns with its $350 million commitment to support entrepreneurs that are under the radar by financially backing minority-focused funds that...
Smallholder farms make up over 60% of sub-Saharan Africa’s population, according to data from McKinsey, yet only about 20% of this region’s gross domestic product (GDP) is generated from agriculture and agribusiness. These figures reflect the inefficiencies and the challenges smallholder farmers face in the...
Experian and Black Opal are teaming up to boost consumer credit access to immigrants in the U.S., according to a press release on Wednesday (March 30). Black Opal’s credit decisioning process will now be integrated with Experian’s PowerCurve and CrossCore platforms to help immigrants integrate into society...
Uptrend Credit Solutions is shifting its business focus from credit repair only, and will be offering a wide range of services including financial literacy, credit reporting and credit restoration, according to a Monday (March 28) press release. In the coming months, Uptrend will launch several...
Small- to medium-sized businesses (SMBs) and entrepreneurs play a critical role in the overall development of most economies, particularly in emerging regions like Africa. Findings from a research study on African entrepreneurs published by the Tony Elumelu Foundation in partnership with Stanford University revealed that...
JPMorgan Chase has made a $1.5 million (1.2 million pounds) philanthropic commitment to help low-income and underserved people in the U.K. access affordable loans, the banking giant said in a news release Thursday (March 17). The company says its commitment will help the nonprofit Fair4All...
There’s no consensus on the number of undocumented people living and working in the U.S. Estimates vary widely, from just under 12 million to more than 20 million. Even critics of U.S. immigration policy and border security agree that most undocumented workers are productive, striving...
Retail investors have become a powerful force in many developed markets, thanks to the growth of platforms like Robinhood in the United States and Freetrade in the United Kingdom that offer fee-free commission, ease of use and a wide range of investment choices for users....